Today: 15 March 2026
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NYSE:TTE 17 November 2025 - 3 March 2026

Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Exxon, TotalEnergies face fresh output risk as Iran war squeezes Hormuz — and oil stocks react

Brent crude rose 7% to $83.44 a barrel Tuesday as Iran’s war with the U.S. and Israel disrupted Middle East oil and gas output, hitting Exxon Mobil, TotalEnergies, and Shell. Qatar halted LNG production after drone attacks, affecting about 20% of global supply. Tankers have avoided the Strait of Hormuz after insurers pulled coverage. Exxon shares gained 1.1% Monday; analysts raised price targets.
TotalEnergies seals €5.1bn all‑stock JV for 50% of EPH’s flexible power portfolio, adding 14GW across Europe (17 Nov 2025)

TotalEnergies seals €5.1bn all‑stock JV for 50% of EPH’s flexible power portfolio, adding 14GW across Europe (17 Nov 2025)

TotalEnergies will acquire a 50% stake in EPH’s flexible power generation platform for €5.1 billion in stock, forming a joint venture with over 14 GW of assets across Western Europe. EPH will receive 95.4 million new TotalEnergies shares, gaining about 4.1% of the company. The deal values the portfolio at €10.6 billion and is expected to close by mid-2026, pending approvals.

Stock Market Today

  • Sino Land Shares Slip Amidvaluation Concerns Despite Strong Yearly Returns
    March 15, 2026, 11:02 AM EDT. Sino Land (SEHK:83) shares declined 9.4% over the past month to HK$11.36, raising questions about its high valuation given a one-year total shareholder return of 52.07%. The property developer trades at a price-to-earnings (P/E) ratio of 28.9x, significantly above peer and industry averages near 13.5x, and above an estimated fair P/E of 17.4x. This premium suggests the market prices in strong earnings growth and income stability but also signals potential downside risk if investor sentiment shifts or earnings falter. A discounted cash flow (DCF) model values Sino Land at HK$7.29 per share, well below the current price, implying the stock may be overvalued. Investors face the decision whether to accept this premium or seek value elsewhere as momentum cools after earlier gains.
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